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Technical analysis by SUBROOFFICIAL about Symbol BNB: Buy recommendation (2/15/2025)

https://sahmeto.com/message/3247479
SUBROOFFICIAL
SUBROOFFICIAL
Rank: 30471
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Buy،Technical،SUBROOFFICIAL

Binance Coin (BNB) Price Predictions for This WeekKey Support levels: $600Key Resistance levels: $701. Massive Bounce off Key SupportAfter BNB touch $500 for a brief moment in early February, the price shot up to $700 in less than 10 days. This reversal was abrupt and significant, confirming that the support at $600 is well defended by buyers. At the time of this post, BNB is under the key resistance at $700.2. Sellers are Defending the $700 ResistanceAs soon as the price moved above $700, sellers came in strong to push the price under this key level. After an impressive performance, BNB could not break this level which continues to act as a key resistance at the time of this post. Nevertheless, buyers could attempt another breakout later.3. Sustained Buy Volume Meets SellersPrior to BNB reaching $700, the buy volume was sustained and increased gradually. However, as soon as the price moved above $700 sellers dominated with the highest daily volume recorded so far in 2025. This has put a pause to the rally, and for it to continue, buyers need to turn $700 into a key support.🔥 Market Analytics Info (BNB)Fully Diluted Market Cap: 94.2BVolume 24 hour: $2.25 BTotal Supply: 142.48 B BNBCirculating Supply: 142.48 B BNBMarket Cap: $94.02 BAll Time High: $793.35All Time Low: $0.0961Already have 90 Day Returns 2.84%Now 7 Day Returns 13.99%🔥Chart Analysis (BNB)💫2025 ATH : $793.35🎆ENTRY POINT : $613.63, $588.50, $564.54🎇STOPLOSS ZONE : $502.871ST TARGET $684.432ND TARGET $745.473RD TARGET $792.78ATH 4TH TARGET $877.85Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$659.42
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